Company News

PRESS DIGEST- Canada-Aug 13

Aug 13 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


** Health Canada rated cannabis grower CannTrust Holdings Inc's manufacturing facility in Vaughan, Ontario as non-compliant with some rules, the company said on Monday.

** Enbridge Inc insists the plan to replace a part of its Line 5 crude oil pipeline approved by Michigan's previous state government was constitutional, as the company tries to fend off the new administration's attempts to shut down an underwater section of the pipeline.

** Brookfield Business Partners LP has reached a C$2.4-billion ($1.81 billion) deal to acquire control of Genworth MI Canada Inc, the country's second-largest mortgage insurer.


** Air Canada has raised its offer to buy Canadian tour operator and airline company Transat AT Inc by 38% to C$18.00 per share or C$720 million. ($1 = 1.3247 Canadian dollars) (Compiled by Bengaluru newsroom)